Overview
What is Housing Trust Silicon Valley?
Housing Trust Silicon Valley is a nonprofit organization based in San Jose, California, with a mission to make the Bay Area a more affordable place to live. Since the turn of the millennium, they have made loans totaling over $450 million, funding 186 affordable housing projects and creating 15,149 affordable rental homes. Their borrowers are primarily community-based, non-profit, and mission-aligned for-profit developers, who aim to increase and preserve the affordable housing stock in the communities they serve. Housing Trust Silicon Valley lends in various counties within the Bay Area, including Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Benito, San Francisco, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma. The organization's activities encompass making loans and grants to expand the supply of affordable housing, assisting first-time homebuyers, preventing homelessness, and stabilizing neighborhoods. With a workforce of 37 employees, Housing Trust Silicon Valley is an essential player in addressing affordable housing challenges in the Bay Area.
Official website here: www.housingtrustsv.org
Is Housing Trust Silicon Valley legitimate?
Housing Trust Silicon Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Trust Silicon Valley submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,100,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,711,280
For more financial information, click here
Official website here: www.housingtrustsv.org
What is the mission statement of Housing Trust Silicon Valley?
Housing Trust Silicon Valley is dedicated to making the Bay Area a more affordable place to live. Through making loans and grants, they aim to increase the supply of affordable housing, assist first-time homebuyers, prevent homelessness, and stabilize neighborhoods. In the competitive real estate market of the Bay Area, Housing Trust plays a crucial role in helping to address the affordable housing crisis. Since 2000, they have provided over $450 million in funding, resulting in over 15,000 affordable rental homes. Their borrowers, typically community-based, non-profit, and mission-aligned for-profit affordable housing developers, share the collective mission of increasing and preserving the affordable housing stock in their communities. By doing so, they not only revitalize these communities but also help address the housing affordability challenge.
Official website here: www.housingtrustsv.org
Who is the CEO of Housing Trust Silicon Valley?
Antonieta Ramos is the Chief Executive Officer of Housing Trust Silicon Valley. The CEO's salary of Housing Trust Silicon Valley is $344,730 and their total compensation is $363,612.
Official website here: www.housingtrustsv.org
What is the revenue of Housing Trust Silicon Valley?
Housing Trust Silicon Valley's revenue in 2022 was $26,012,346.
Official website here: www.housingtrustsv.org
Who are the executives of Housing Trust Silicon Valley and what are their salaries?
The average compensation at Housing Trust Silicon Valley during 2022 was $103,018. There are 37 employees and 17 volunteers at Housing Trust Silicon Valley.
Here are 28 key members and their salaries (Housing Trust Silicon Valley's CEO's salary is $344,730 and their total compensation is $363,612):
- Antonieta Ramos (Chief Executive Officer) [Trustee/Director]
- Julie Mahowald (Chief Financial Officer) [Trustee/Director]
- Fathia Macauley (Chief Lending Officer)
- Pam Berkowitz (Vice President Of Multifamily Lending)
- Vivian Vo (Accounting Manager)
- Steven Yang (Director Of Multifamily Lending And Diversity)
- Craig Mizushima Ending 0921 (Chief Compliance & Risk Officer) [Trustee/Director]
- Deborah Hao (Finance Director)
- Stephaney Kipple (Senior Loan Officer)
- Nazmin Bishop (Chief Dev. & Com. Officer)
- Craig Robinson (Chair) [Trustee/Director]
- Katia Kamangar (First Vice-Chair) [Trustee/Director]
- Joe Anzalone (Second Vice-Chair) [Trustee/Director]
- Kevin Deeble (Treasurer) [Trustee/Director]
- Sharon Lee (Secretary) [Trustee/Director]
- Mike Beasley (Director)
- Mary Chandler (Director)
- Art Fatum (Director)
- Jonathan Fearn (Director)
- Katie Ferrick (Director)
- Papia Gambelin (Director)
- Lisa Gutierrez (Director)
- Meg Mcgraw-Scherer (Director)
- Hilda Ramirez (Director)
- Ahmad Thomas (Director)
- Shilloh Ballard Ending 0222 (Secretary) [Trustee/Director]
- Jim Morgensen Ending 0222 (Treasurer) [Trustee/Director]
- Prathit Thaker (Chief Credit Officer)
Official website here: www.housingtrustsv.org
Where can I find the form 990 for Housing Trust Silicon Valley?
The Housing Trust Silicon Valley’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.housingtrustsv.org
Learn more at the official website: www.housingtrustsv.org
Mission Statement of Housing Trust Silicon Valley
Housing Trust Silicon Valley, a leading nonprofit organization, is dedicated to making the Bay Area a more affordable place to live. With a mission to increase and preserve the affordable housing stock in the communities it serves, Housing Trust has become an essential partner in addressing the affordable housing crisis in the region. Since its inception in 2000, the organization has made loans totaling over $450 million, resulting in the creation of 15,149 affordable rental homes.
The competitive real estate market in the greater Bay Area poses significant challenges for affordable housing development. Housing Trust, which is the most active nonprofit housing lender in the region, is committed to helping bridge this gap. The organization's borrowers, primarily community-based, non-profit, and mission-aligned for-profit affordable housing developers, share the collective goal of revitalizing the communities they serve. Housing Trust's loans have contributed to the development of affordable housing projects in Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Benito, San Francisco, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma Counties. By providing funding for affordable housing projects, Housing Trust not only makes a significant impact on the lives of residents, but also helps to stabilize the neighborhoods where these developments are located.
Impact
This information is meant to be a general summary of Housing Trust Silicon Valley. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Housing Trust Silicon Valley has made a significant impact in the Bay Area by playing a crucial role in addressing the challenges posed by the competitive real estate market. Since 2000, the organization has provided over $450 million in funding to 186 affordable housing projects, resulting in the creation of 15,149 affordable rental homes. By supporting community-based, nonprofit, and mission-aligned for-profit affordable housing developers, Housing Trust Silicon Valley is actively contributing to the increase and preservation of affordable housing stock in the region. Through their loans and grants, they are helping to stabilize neighborhoods, prevent homelessness, and make the Bay Area a more affordable place to live.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME ON LOA
Revenue
$6,023,797
PROGRAM SERVICE FEE
Revenue
$2,382,236
Organization Details
Founding Year
2000
Phone
(408) 703-3837
Principal Officer
Antonieta Ramos
Main Address
75 E SANTA CLARA STREET 1350, SAN JOSE, CA, 95113
Website
www.housingtrustsv.org
NTEE Category
Code: L800 - Housing
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